Aquarius Platinum logo

AQP - Aquarius Platinum News Story

A$0.25 0.0  0.0%

Last Trade - 31/03/16

Basic Materials
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £127.0m
Position in Universe th / 1832

Aquarius Platinum: Payments to Aquarius Shareholders

Tue 5th April, 2016 7:19am


                                                                   5 April 2016

                       PAYMENTS TO AQUARIUS SHAREHOLDERS                       

Aquarius Platinum Limited (Aquarius) refers to its announcement of 23 March in
relation to the timetable for, and completion of, the transaction with Sibanye
Gold Limited (Sibanye).

As previously announced, each Aquarius shareholder will receive payment in the
currency of the country of the relevant branch register on which such
shareholders' shares are registered (ie Australian dollars, UK pounds sterling
or South African rand), converted at the prevailing spot exchange rate on
Friday 8 April 2016 (Record Date).

Computershare Investor Services (Computershare), Aquarius' share registrar, has
been appointed as the "Paying Agent" in accordance with the terms of the
implementation agreement dated 6 October 2015 between Aquarius and Sibanye and
is responsible for the conversion of the USD consideration into Australian
dollars and UK pounds over the course of the Record Date.  The reference point
for the conversion of the USD consideration into South African rand will be
5.00pm (Sydney time) on the Record Date.  Computershare will then remit the
converted amounts to the relevant shareholders in accordance with the
previously announced timetable.

Aquarius will advise the rate at which the USD consideration was converted into
South African rand and the average rates at which the USD consideration was
converted into Australian dollars and UK pounds sterling by Tuesday, 12 April

For further information please contact:

In Australia:
Willi Boehm
Aquarius Platinum Corporate Services Pty Ltd
+61 (0) 8 9367 5211

In South Africa:
Jean Nel
Aquarius Platinum (South Africa) (Pty) Ltd
+27 (0) 10 001 2848

or visit:

Aquarius Platinum Limited ? Clarendon House ? 2 Church Street ? Hamilton HMCX
Telephone: +61 8 9367 5211


Copyright © 2016 PR Newswire Association, LLC. All Rights Reserved
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.